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The growing prospects for chemicals manufacturers in India by John Edward





Article Author Biography
The growing prospects for chemicals manufacturers in India by
Article Posted: 02/06/2015
Article Views: 173
Articles Written: 1594
Word Count: 424
Article Votes: 0
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The growing prospects for chemicals manufacturers in India


 
Business
Over the last decade or so, chemical manufacturers and suppliers in India have grown tremendously in importance and they have also played a crucial role in adding a major amount of the foreign exchange to this country’s economy. Import and export of chemicals from the Indian companies have taken a growing importance in the international markets.

The chemical industry in our country is a rather old one that started its operations just as India became independent in 1947. In fact, it is among the oldest as well as the fastest growing sectors that have influenced all other forms of consumer durable industries. At present, the chemical industry in our country produces in excess of 60000 business products on an annual basis. Apart from supplying necessary raw materials for manufacturing of a wide range of products that are used for daily requirements, it also contributes in a grand way to the economic and industrial growth of India.

There are different types of organic as well as non-organic chemicals that are produced in India, including those that are used in fertilizers, alkalis, detergents and glass manufacturing. Other types of uses include plastics and petrochemicals, drugs and pharmaceuticals, dyes and pigments, specialty chemicals and engineering plastics, fertilizers, pesticides and agrochemicals. Due to the increased demands from the international markets, there has been a major surge in the import and export activities in the field of chemicals over the last ten years. A number of industries across various parts of the globe outsource their requirements of chemicals from India. These chemicals are used for both manufacturing as well as non-manufacturing purposes. Chemicals and polymers enjoy a heavy demand from various international companies. Some of the most notable client countries for Indian chemical manufacturers include UK, Singapore, Hong Kong, China, Sri Lanka and UAE.

A variety of factors have made the services of Indian chemical manufacturers indispensable for international clients. First and foremost, the quality of the chemicals offered by Indian companies is of the highest grade and is at par with the western standards. Secondly, Indian companies can offer these chemicals at a far cheaper rate than their global counterparts. Moreover, the Indian companies also offer customized chemical solutions to their clients, which is truly valuable to them. The importers and exporters of chemicals in India are currently enjoying significant business opportunities due to the increased demand for chemicals from various multinational companies operating in different sectors.

Rajle Chemtech is one of the oldest chemical manufacturers in India, with a well equipped chemical plant and distilleries.

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